New schema released for Form 3CA-3CD and 3CB-3CD on 06.01.2022 by Income tax department
The due date for filing Tax audit report in Form 3CA-3CD and Form 3CB-3CD is 15.01.2022 for all the entities ...
Thursday, February 6, 2025
Tag: Income tax updates
Searches conducted by Income Tax Department largely in Uttar Pradesh and Maharashtra
Evidences found in the sales office and main office have revealed that the group makes 35% to 40% of its ...
Faceless Appeal Scheme, 2021 – Income Tax
The faceless appeal scheme, 2021 was introduced by Notification No. 139 of 2021 Dt. 28.12.2021.
Due date for filing Tax audit report u/s 44AB, Report required u/s 92E, 12A(1)(b) and Income tax return in such audit cases for AY 2021-22
1. In case of entity which needs to file transfer pricing report and tax audit, then due date of Tax ...
Income Tax Department conducts pan-India searches in case of mobile manufacturing companies
In case of another company covered in the search action, it has been detected that the control of the affairs ...
Income Tax website not working | We might see extension in the evening for Income tax return and Tax audit soon
Income tax website has stopped working as people are facing error while logging in to e-filing website and they are ...
One-time relaxation for verification of all income tax-returns e-filed for the A.Y. 2020-21 which are pending for verification and processing of such returns [Read circular]
As per rules, if you don't verify Income tax returns within 120 days of filing Income tax return in any ...
Income Tax Department conducts searches in Rajasthan
The trail of receipt of cash component on unaccounted sale of goods has also been found. In the case of ...
Finance Minister Smt. Nirmala Sitharaman concludes pre-Budget meetings for forthcoming Union Budget 2022-23
The stakeholder groups made several suggestions on various issues that included increased R&D spending, infrastructure status for digital services, incentives ...
3.59 crore Income Tax Returns filed on the new e-filing portal of the Income Tax Department
Out of the 3.59 crore ITRs filed for AY 2021-22, 57.6% are ITR1 (2.07 crore), 8.3% is ITR2 (29.70 lakh), ...
Delhi high court quashes reassessment cases initiated under section 148 after 01.04.2021 in 1346 cases [Read order]
Keeping in view the aforesaid conclusions, Explanations A(a)(ii)/A(b) to the Notifications dated 31st March, 2021 and 27th April, 2021 are ...
Advance Tax collections for the F.Y. 2021-22 (Till 3rd Installment) stand at Rs. 4,59,917.10 which shows a growth of approximately 53.50%
Net Direct Tax collections for the F.Y. 2021-22 grown at robust pace at more than 60%
CBDT introduces a scheme for faceless collection of information under section 135A of the I.T. Act in relation to section 133, 133B, 133C, 134, 135
(1) The scope of the Scheme shall be in respect of: (i) calling for information under section 133 of the ...
Income Tax Department conducts searches in Mumbai
One of the ARCs was found to be maintaining a parallel set of accounts on Tally accounting software, in a ...
More than 3 crore Income Tax Returns filed on the new e-Filing portal of the Income Tax Department | Taxpayers are advised to file the return at the earliest if they still haven’t filed it
The number of ITRs filed per day is over 4 lakh and increasing everyday as the extended due date of ...
-
GSTR 9/ 9C due date to be extended to 31.10.2020 | E-invoicing will be voluntary in the beginning
-
How to pay Membership and COP fees of ICAI for 2020-21 |
-
Code/ Nature of payment 6CR updated by NSDL in challan 281 for paying TCS on sale of goods
-
Are all the due dates of tax audit and Income tax return for FY 2019-20 extended to 31.03.2021 by the bill presented in Lok sabha Dt. 18.09.2020
-
SFT transaction mentioned in Form 26AS | What does it mean? | Who reports it? | SFT codes transaction type
![[Live] Updates and Tax changes for Budget 2023 | Tax on cryptocurrency | Income tax and GST udpates in Budget 2023 [Download Bill]](https://www.taxontips.com/wp-content/uploads/2023/02/Budget-2023-120x86.webp)
- Budget 2025 updates | Income tax and GST updates
- Assessee receiving message for 80GGC donation for AY 2022-23 from Income tax department
- Statutory Audit of Inventories for Indian Companies [Company Law]
- Guidance note 2 issued for Vivad se vishwas Scheme, 2024 [Read circular]
- Due date extended for filing belated, revised return and Vivad se vishwas declaration
- Statutory Audit of Current Investments in Indian Companies [Company Law]
- Recommendations of the 55th Meeting of the GST Council
- Statutory Compliance Calendar for December 2024 | Income tax, GST and various other laws
- Statutory Audit of Other Non-Current Assets [Company Law]
- Extension of due date for furnishing return of income from 30.11.2024 to 15.12.2024
TaxOnTips provides you all tax related solutions in easy way and update you with its regular updates & notifications Visit us for details.
We are based in Jaipur, India
